Genting New York officials, after turning over $380 million in licensing fee payments to the state, said they are prepared to quickly start construction on the Aqueduct casino project.
On-track attendance at Saratoga has declined 5.3% and on-track wagering is down 6% for the first 30 days of the current meet, when compared with the comparable 30 days a year ago.
The attendance increased 33.7% from a year ago to 45,764.
Total wagering remained close to last year's comparable figure while attendance and ontrack handle inched upward despite two rainy days through the fourth full week of racing at Saratoga.
A double wager linking the Aug. 28 Travers Stakes (gr. I) with the following day's Personal Ensign (gr. I) will be offered at Saratoga Race Course.
Participants in The Jockey Club Round Table Aug. 22 in Saratoga Springs, N.Y., sought to convey optimism and opportunity in the face of declines in many facets of the Thoroughbred industry.
The New York Racing Association is offering a Travers Stakes Prize Package, which includes two tickets to the Travers Stakes (gr. I) August 28, two airline tickets, and two nights' accommodation in Saratoga Springs, N.Y.
Wagering across the country on races run through the first two full weeks at Saratoga is nearly identical with 2009 figures according to statistics released today by the New York Racing Association.
The New York Racing Association has suspended nine stakes and reduced purses for 12 others during its fall meets at Belmont Park and Aqueduct.
A group of creditors involved in the NYCOTB bankruptcy proceeding has suggested a number of changes, including a 1% surcharge on wagers, according to a June document.
A number of groups, including the New York Racing Association, have approached state officials about taking over all or part of the New York City Off-Track Betting Corp.
The New York Racing Association announced plans July 14 to expand and enhance its in-house drug testing program in order to detect illegal performance-enhancing substances in Thoroughbred race horses.
Three jump races and one turf race will be presented by the National Steeplechase Association during the 30th annual open house at Saratoga Race Course from 11 a.m. to 4 p.m. on Sunday, July 18.
A report by the state comptroller took the New York Racing Association to task for failing to rein in spending and says NYRA faces insolvency if revenues from a racino fail to materialize and expenses are not curtailed.
Only Malaysian-based Genting New York remains a viable candidate but its selection to run a casino at Aqueduct is far from certain.
Bids are due June 29 for the long-delayed Aqueduct casino project, and already one of the bidding groups is dropping out.
A jockey autograph session hosted at Belmont Park June 26 raised $1,000 that will be shared equally by the Barbaro Fund for Equine Health and Safety Research and the Permanently Disabled Jockeys Fund.
A politically-wired lobbyist for a bidding group that initially won the development rights to the Aqueduct casino project was provided details about competitors' bids by the top Democrat in the New York state Senate.
A tentative deal among state senators has ended talk of a shutdown of the New York state government, keeping racetracks from having to suspend their operations.
Racetracks in New York state are being told they might have to shut down June 15 if a budget stalemate at the state Capitol is not resolved.
Veteran jockey Richard Migliore announced his retirement from the saddle the morning of June 2 at a press conference at the Garden Terrace at Belmont Park.
State's industry is floundering instead of flourishing.
Hall of Fame trainer Nick Zito put the finishing touches on the second of his two Belmont Stakes (gr. I) candidates May 30, sending Dwyer Stakes (gr. II) winner Fly Down out for a bullet half-mile work.
The New York Racing Association announced May 27 that the Ram Truck brand has entered into a sponsorship deal for the week of the June 5 Belmont Stakes (gr. I).
New York State lawmakers on May 24 approved a $25 million loan for the New York Racing Association, keeping the racetrack operator solvent for at least the rest of the year and avoiding a shutdown of its operations.
NYRA is required under the Workers Adjustment and Retraining Notification Act that they to have to send out two-month advance word to employees of possible layoffs
State officials in New York have agreed on one point: that they will not let the New York Racing Association shut down after the Belmont Stakes (gr. I) or for the Saratoga summer meet.
New York State has issued a new call for bidders to operate a casino at Aqueduct, nine years after the project was first approved by the legislature.
A group of about 10 Thoroughbred breeding farms and the Saratoga County Chamber of Commerce next week will sue the state of New York to try to force it to loan $17 million to the New York Racing Association.
NYRA may get a $17 million loan to help its cash crunch. Meanwhile, New York Off-Track Betting on April 23 cut 35 employees from his staff as it works through bankruptcy reorganization.
Joanne Adams, director of community relations for The New York Racing Association has been named Garden City's 2010 "Citizen of the Year" in addition to receiving an American Legion Award from the Elmont East End Civic Assoc.
A top state lawmaker in New York urged the New York City Off-Track Betting Corp. to remain open a few more days to give negotiators additional time to strike a financial rescue plan.
New York Racing Association officials have asked Breeders' Cup to consider Belmont Park has the 2011 host site for the World Championships, and also said a three- or four-track rotation best serves the event.
An effort to bail out New York City Off-Track Betting Corp. collapsed April 14, leaving uncertainty over whether the betting giant will have to close its doors the weekend of April 17.
The nation's largest off-track betting corporation will be shut down on the night of April 11 if a deal to provide it with financial help does not come together over the weekend, officials warn.
Charles Hayward, president of the New York Racing Association, sent word to NYRA officials March 26 that a dozen administrative positions at the racing group are being eliminated.
A plan quietly floated to let the New York Racing Association take over management of the internet and phone wagering business at the struggling New York City Off-Track Betting Corp. has been rejected by Gov. David Paterson.
In order to raise awareness for and benefit horse rescue and retirement organizations, Mike Repole and NYRA are donating a total of $30,000 to Old Friends, the Thoroughbred Retirement Foundation, and the Exceller Fund.
New York City Off-Track Betting Corp., facing a possible shutdown, can continue its bankruptcy reorganization case, a federal judge ruled March 22.
The horses for Aqueduct's first race March 21 did not arrive at the security barn by 8:00 a.m., the designated deadline, and as a result the first race has been canceled.
The New York Racing Association, which announced it would cut $4.3 million in stakes purses from last year, has slashed around $1.4 million from its stakes program for the upcoming Belmont and Saratoga meets.
- By Tom Precious
The New York Racing Association, which has long resisted revealing salaries of its top executives, has furnished the information to a top state regulator at a time it is warning of running out of cash later this summer.
The New York Racing Association announced Feb. 15 that Anthony J. Bonomo has been appointed by the New York State Senate to NYRA's board of directors.
Head of state lottery not certain AEG can meet conditions imposed by New York state.
The New York Racing Association's executive vice president and chief operating officer Hal Handel will participate in a live web chat Jan. 29 at 8:00 p.m. EST.
The nation's largest off-track betting corporation, now under federal bankruptcy protection, faces closure in the next 60 days unless the state officials OK its recovery plan.
The recent bankruptcy petition by the New York City Off-Track Betting Corp. should be tossed out of federal court, the New York Racing Association argues in a lengthy legal brief filed Jan. 4 in Manhattan.
Frustrated by the delay in picking an Aqueduct casino operator, New York Gov. David Paterson said he is moving to publicly name his choice in hopes of putting pressure on legislative leaders to make a decision.
The New York Racing Association, which says it will run out of money next year, will not open up its books to let New York's chief fiscal watchdog examine its operations to verify those claims.
Aqueduct will reopen Dec. 26 after the Christmas break with full accreditation from the National Thoroughbred Racing Association Safety and Integrity Alliance in hand.
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